CAMBRIDGE, Mass – November 11, 2014 – Tom Cook, President & CEO of Permabit Technology Corporation, the innovative leader in data efficiency technology, will present at the Needham Next-Gen Storage/Networking Conference November 11 at 4:30 p.m. EST at the Le Parker Meridien Hotel in New York.

This year’s event brings together the best of Needham’s successful HDD/Flash Memory and Next-Generation Networking conferences under one unified banner focused on showcasing leading public and private technology innovators in both sectors. Cook will share how data efficiency technologies that massively reduce data and accelerate application performance is the single most important trend in the IT industry today.

“Just as server virtualization revolutionized the economics of compute, data reduction technologies are transforming storage economics today,” said Cook. “Analysts predict that all enterprise storage systems must incorporate inline data efficiency technologies to be competitive. I look forward to joining other industry leaders and discussing how data reduction is defining the storage landscape at the Needham event.”